Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
Indian equity markets ended with gains on Monday, buoyed by positive global sentiment and robust buying across financial and IT counters. The Sensex climbed 0.59 per cent to close at 77,073.44, while the Nifty 50 rose 0.61 per cent to settle at 23,344.75.
Broader indices also participated in the rally, with the Nifty Midcap 150 advancing 0.77 per cent to 20,350.90, and the Nifty Smallcap 250 gaining 0.84 per cent to 16,841.40.
However, market volatility edged higher as the India VIX surged 4.23 per cent to 16.42, reflecting increased nervousness among market participants.
Top 3 price-volume breakout stocks:
Tata Teleservices (Maharashtra) Ltd: Tata Teleservices (Maharashtra) Ltd saw significant activity today, with a trading volume of 8.69 crore shares, indicating a surge in market interest. The stock is currently trading at Rs 80.45, up from its previous close of Rs 71.04, reflecting a percent change of 13.25 per cent. The stock's 52-week high is Rs 111.4, and the market capitalization stands at Rs 16,181.86 crore. Returns from the 52-week low are 23.67 per cent, highlighting a notable recovery. The day's activity suggests a price-volume breakout and a volume spike.
Kalyan Jewellers India Ltd: Kalyan Jewellers India Ltd experienced a trading volume of 4.23 crore shares today. The stock is currently trading at Rs 530.1, higher than its previous close of Rs 501.5, showing a percent change of 5.70 per cent. With a 52-week high of Rs 795.4, the stock has achieved returns of 64.65 per cent from its 52-week low. The market capitalization is Rs 58,885.47 crore. The day's movements indicate a price-volume breakout and a volume spike.
Wipro Ltd: Wipro Ltd recorded a trading volume of 3.93 crore shares. The stock is currently trading at Rs 300.5, compared to its previous close of Rs 281.95, resulting in a percent change of 6.58 per cent. With a 52-week high of Rs 320, the stock is trading near this level. The market capitalization is Rs 3,20,799.41 crore, and returns from the 52-week low are 44.12 per cent. The activity for the day suggests a price-volume breakout, a volume spike, and movement close to its 52-week high.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Tata Teleservices (maharashtra) Ltd
|
82.73
|
8,68,67,429
|
|
2
|
Kalyan Jewellers India Ltd
|
530.9
|
4,22,74,357
|
|
3
|
Wipro Ltd
|
300.25
|
3,93,79,838
|
|
4
|
Apollo Micro Systems Ltd
|
151.28
|
3,54,12,805
|
|
5
|
Equinox India Developments Ltd
|
154.84
|
3,32,87,997
|
|
6
|
Mahanagar Telephone Nigam Ltd
|
51.76
|
2,67,10,294
|
|
7
|
Jain Irrigation Systems Ltd
|
81.46
|
1,67,94,755
|
|
8
|
Redington (india) Ltd
|
222.03
|
1,55,94,178
|
|
9
|
CreditAccess Grameen Ltd
|
999.5
|
1,34,46,093
|
|
10
|
Kotak Mahindra Bank Ltd
|
1920.5
|
1,33,23,565
|
Disclaimer: The article is for informational purposes only and not investment advice.